CoinMarketCap acquires CoinGlass, adding derivatives data for 115M users

CoinMarketCap acquires CoinGlass in a deal that pulls one of crypto’s most-watched derivatives data platforms directly into the world’s most-referenced price tracker. The transaction, announced September 25, 2026, has already closed, according to a statement carried by GlobeNewswire, though the companies did not disclose the financial terms of the sale.

Key takeaways

• CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed amount, and the deal is already complete.
• CoinGlass tracks open interest, funding rates, liquidations and options across 28 exchanges and more than 2,500 instruments.
• CoinGlass, founded in 2019, serves more than 5 million monthly users and 10,000 API customers; CoinMarketCap reaches 115 million people every month.
• CoinGlass will keep operating under its own brand, with its team, website, app, free tools, API and pricing all staying the same.
• Binance, which bought CoinMarketCap in April 2020, has said it has no influence over the platform’s rankings.

CoinMarketCap Expands Crypto Data with CoinGlass Acquisition

The acquisition gives CoinMarketCap a foothold in a corner of the market it previously left to specialist trackers. Derivatives trading, not spot buying and selling, accounts for the bulk of crypto trading volume, and CoinGlass built its reputation by making that side of the market visible through liquidation heatmaps, open-interest dashboards and funding-rate tables that traders and analysts share constantly.

Acquisition details and strategic rationale

CoinMarketCap described the move as a way to expand its coverage of leveraged trading across major exchanges. Rush, Chief Executive Officer of CoinMarketCap, framed the logic behind buying rather than building the capability in-house: “Derivatives are where most of the market’s risk is taken, and Coinglass is where most people go to see it,” he said. “Coinglass built the most trusted view of positioning in crypto by doing one thing very well. Our job is to make that view available to many more people, not to change it. Coinglass stays Coinglass, and nothing changes for its users.”

David Salamon, Chief Product Officer at CoinMarketCap, echoed that framing, pointing to why the underlying data matters to a broader audience. “Coinglass led the way in showing traders worldwide why derivatives matter to market movements,” he said. “Open interest, funding and liquidations are where the market’s risk is actually taken, and Coinglass made that visible to everyone.”

Coverage and capabilities of CoinGlass

Founded in 2019, CoinGlass tracks open interest, funding rates, liquidations and options, and its scope is wide: the platform covers 28 exchanges and more than 2,500 instruments. It reaches over 5 million monthly users and roughly 10,000 API customers, figures that show why CoinMarketCap saw value in absorbing rather than replicating the product.

Benefits to Users and Market Transparency

For CoinMarketCap’s audience, the acquisition means derivatives data now sits next to the prices they already check, rather than requiring a separate visit to a specialist site. That matters because leveraged positioning often tells a different story than spot prices alone.

Enhanced data offerings for derivatives and spot prices

CoinMarketCap said the deal gives its 115 million monthly users access to derivatives positioning data alongside cryptocurrency prices, including where liquidations tend to cluster and how funding rates are shifting. Bringing that view to a mainstream price-tracking audience is a notable shift: derivatives data has traditionally stayed within trader-focused tools rather than reaching casual crypto watchers.

User access improvements with derivatives positioning data

In practice, this means a much larger pool of retail users will be exposed to signals that were previously the domain of active traders — open interest swings, funding-rate direction and liquidation clusters — without needing to leave CoinMarketCap’s ecosystem. This is one of the clearest ways the acquisition could widen access to leveraged trading transparency across the broader market.

Operational Continuity and Independence Post-Acquisition

CoinGlass is staying CoinGlass, at least for now. The companies emphasized that nothing changes on the product side, a point that matters for the platform’s existing base of traders and API customers who rely on consistent access.

CoinGlass brand and team retention

CoinGlass will continue operating under its existing brand, with its team remaining in place. In its own statement, CoinGlass said: “Coinglass will continue to operate as an independent business under the Coinglass brand. Our website, app, free tools, API and pricing are unchanged, and our team continues to build the product our users rely on every day.”

Product and pricing stability

That commitment covers the practical tools traders use daily — the website, the mobile app, free tools, the API and pricing structure all stay as they were before the deal closed. For the platform’s 10,000 API customers, that continuity likely matters as much as the ownership change itself.

Binance’s relationship with CoinMarketCap

CoinMarketCap itself has operated under Binance’s ownership since April 2020, when the exchange acquired the price-tracking site. Binance said at the time that CoinMarketCap would continue operating independently and that it would have no influence over the platform’s rankings — a separation that remains part of how CoinMarketCap positions its own credibility as it now takes on a derivatives data arm as well.

FAQ

What is the main purpose of CoinMarketCap acquiring CoinGlass?

The acquisition expands CoinMarketCap’s coverage of leveraged trading data by integrating CoinGlass’s crypto derivatives data, giving users a view of open interest, funding rates and liquidations alongside prices.

Will CoinGlass change its products or pricing after the acquisition?

No. CoinGlass’s website, app, free tools, API and pricing will remain unchanged after the acquisition, and its team stays in place.

Does Binance influence CoinMarketCap’s data or rankings?

No. Binance acquired CoinMarketCap in April 2020 but stated it has no influence over CoinMarketCap’s rankings.

What kind of data does CoinGlass provide?

CoinGlass tracks open interest, funding rates, liquidations, options, long/short ratios and ETF flows, covering 28 exchanges and more than 2,500 instruments for over 5 million monthly users.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.